Rules, sanctions and enforcement under Section 301: at odds with the WTO?
Article Abstract:
The US Trade Representative (USTR) is empowered, under Section 301 of the 1974 Trade Act, to impose trade sanctions in response to unfair trade practices. However, such sanctions may be rendered obsolete by the increasing importance and influence of the GATT and the World Trade Organization (WTO). The USTR may wish to defer to the WTO rather than continue to resort to unilateral sanctions. Historically, the USTR has been gradually moving towards settlements and compromise measures in lieu of sanctions, so a USTR posture in support of increased use of the WTO would not be unexpected.
Publication Name: American Journal of International Law
Subject: Law
ISSN: 0002-9300
Year: 1996
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Regulatory protectionism and the law of international trade
Article Abstract:
Regulatory protectionism increases costs of foreign firms relative to their domestic competitors. Economic analysis of regulatory protectionism and the national and international legal systems that must deal with it showed that such measures are wasteful and are usually be banned by sophisticated trade agreements. This will be so even if other protectionist measures such as tariffs and quotas remain permissible. Prohibition of regulatory protection is therefore likely to appear in multilateral trade agreements.
Publication Name: University of Chicago Law Review
Subject: Law
ISSN: 0041-9494
Year: 1999
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Rules of origin and the Uruguay Round's effectiveness in harmonizing and regulating them
Article Abstract:
The Uruguay Round's Origin Agreement is an attempt to create a stable, transparent, and harmonized set of rules of origin, used in determining product nationality. Accurate calculation of the cost of goods should reflect rules of origin, for example, and companies should be aware of the implications of these rules. The rules are the basis for discriminatory international trade practices, a situation only partially addressed by harmonization.
Publication Name: American Journal of International Law
Subject: Law
ISSN: 0002-9300
Year: 1996
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